FANG Q3 2020 Earnings — Diamondback Energy, Inc. Revenue & Financial Results | Market Cap Arena

FANGDiamondback Energy, Inc.

$50B

Q3 2020 Earnings

Energy Oil & Gas Exploration & Production

Income Statement

Revenue

$720M-26.2% YoY

Gross Profit

$218M30.3% margin

Operating Income

-$1.3B-174.4% margin

Net Income

-$1.1B-154.6% margin

EPS (Diluted)

$-7.05

QoQ Revenue Growth

+69.4%

Cash Flow

Operating Cash Flow

$542M

Free Cash Flow

$172M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$18.8B

Total Liabilities

$8.1B

Stockholders' Equity

$9.6B

Cash & Equivalents

$92M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$720M	$975M	-26.2%
Gross Profit	$218M	$370M	-41.1%
Operating Income	-$1.3B	$349M	-459.9%
Net Income	-$1.1B	$368M	-402.4%

Revenue Segments

Midstream Services Segment

$97M100%